Economics21 September 11<21 September 11 Chinese money creation: why the Chinese central bank’s reserve position is no defence. by Tim Lucas I have heard it said many times that China’s economy is likely to be resilient as it is sitting on huge foreign exchange reserves….
Economics21 September 11<21 September 11 How deposit insurance reduces financial stability by Toby Baxendale Andrew Lilico has written a great article for The Telegraph on the dangers of deposit insurance: In a classic 2005 paper from the highly…